BLOOMIN' BRANDS INC (BLMN)

US0942351083 - Common Stock

28.68  +0.04 (+0.14%)

After market: 28.68 0 (0%)

Technical Rating and Analysis

6

Overall BLMN gets a technical rating of 6 out of 10. Although BLMN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BLMN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BLMN is lagging the market slightly.
BLMN has an average volume of 1316460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BLMN turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
BLMN is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 64% of 135 stocks in the same industry.
In the last month BLMN has a been trading in the 26.92 - 30.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BLMN Weekly chart
BLMN Daily chart
Setup Rating and Analysis

6

BLMN has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

23.02

28.97

4 important support areas can be observed.

  • A support zone ranging from 27.26 to 27.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @26.47 from a horizontal line in the daily time frame.
  • A support zone ranging from 24.48 to 24.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @23.25 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.74
Mansfield-0.39
10 Day High29
10 Day Low27.06
20 Day High30.13
20 Day Low26.92
52 Week High30.13
52 Week Low22.03
Performance
1 Week4.33%
2 Weeks0.6%
1 Month5.52%
3 Month1.88%
6 Month16.63%
12 Month11.81%
2 Year30.72%
3 Year6.03%
5 Year40.24%
10 Year19%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)56.24
LBB27.13
UBB29.39
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
29.0127.051.96 (6.76%)14.80%
An entry @29.01. This is a Buy Stop order right above the 10 day high.An exit @27.05. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.96 points, which is 6.76%.When investing 14.80% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BLMN Daily chart

BLOOMIN' BRANDS INC

NASDAQ:BLMN (3/28/2024, 8:00:02 PM)

After market: 28.68 0 (0%)

28.68

+0.04 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.14%
1 Week4.33%
2 Weeks0.6%
1 Month5.52%
3 Month1.88%
6 Month16.63%
12 Month11.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.7
ATR(20)%2.71%
ATR Inc
Range Today0.43
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29
10 Day Low27.06
20 Day High30.13
20 Day Low26.92
52 Week High30.13
52 Week Low22.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.02M
Volume Incr-36.44%
Vol(5)1.05M
Vol(50)1.32M